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Lexus wants more hybrids and a better performance image

Lexus plans to introduce hybrid versions of existing vehicles with each full model change, the brand's r&d chief says. Leveraging the electric-gasoline drivetrain technology of Lexus' parent company, Toyota, will be key to differentiating the brand from European rivals, said Kiyotaka Ise, Toyota Motor Corp. managing officer in charge of Lexus development.

Skoda Octavia Hatch GreenLine arrives offering 88.3mpg – price from £20,150

Skoda Octavia Hatch GreenLine (pictured) promises 88.3mpg Even though official economy figures from car makers are, at best, disingenuous, they still serve, to a degree, and an indicator of a car’s relative economy. So the arrival of the Skoda Octavia Hatch GreenLine in Skoda’s UK showrooms with official economy figures of 88.3 mpg and emissions of just 85g/km, makes it an appealing offering for cost conscious private and fleet buyers. The Octavia Greenline Hatch  looks pretty much the same as any other Octavia, so you won’t be driving a car that shouts ‘I’m a cheapskate’, but you will get extra eco stuff like low rolling resistance tyres on 16″ Velorum alloys to give you the best chance of getting close to the official economy figures.

Ferrari black: Prancing Horse turns a profit in first quarter

Ferrari racers have always worn red. But black has been the standard-bearer for the company so far this year, as the Prancing Horse turned a $72 million trading profit in the first quarter. Making money amid the global economic crisis is no small feat--and Ferrari posted the gain despite a slip in sales and revenue.